Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Genesis Energy’s ‘take it or leave it’ policy

For immediate release: 8 June 05

Genesis Energy’s ‘take it or leave it’ policy hurts those on fixed income – Grey Power

Following hard on the heels of the massive price rise for low-income users of pre-pay metres, the country’s self-proclaimed largest supplier of electricity announced a further price rise for everyone else. Genesis Energy, a state-owned corporation, is also one of the country’s largest producers of electricity

Genesis Power explained in a series of announcements that prices for electricity are going up because costs associated with supply are having a knock-on effect. The move has infuriated large numbers of people on fixed income.

“It seems like a case of taking with the right hand, and taking more with the left hand as well,” says Grey Power Federation President Graham Stairmand.

“What is worse,” Mr Stairmand says, “There is no provision for protest that consumers can make. The Minister of Energy and the Electricity Commissioner have both steadfastly refused to sanction or promote a Customer Advocacy Group within the Electricty Commission that could provide some sort of control on the unsubstantiated price rises that are typical of this industry and which severely penalise those on fixed incomes.

“Some time ago, Meridian Energy announced a price rise of 15% to finance its ill-famed Project Aqua, but while this project has been abandoned, the price rise has not been removed. Meridian also recently invested $200 million paid by Kiwi consumers for a proposed wind farm in South Australia. Great for Australia!

“This continual escalation of electricity prices continues unabated with the blessing of the government who seems treat this industry as a cash cow regardless of the hardships on older New Zealanders living on fixed incomes.

“This total lack of control is made worse because there is no breakdown of cost in the final billing received by the consumer. No information, no choice, not even a sympathetic official ear. The consumer is trapped in a ‘take it or leave it’ position, and often is not even able to ‘leave it,’” says Graham Stairmand, suggesting that no one voluntarily chooses to freeze to death, although a number of older people involuntarily do so.

“It’s time the electricity industry was closely regulated,” he says.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Veronika Meduna: The Kaikoura Rebuild

A Scoop Foundation Investigation

Friday will be a big day for people north of Kaikōura – and for hundreds of construction workers who are racing to reopen State Highway 1 in time for the holiday season.

By the afternoon, the South Island’s main transport corridor will be open to traffic again, more than a year after a magnitude 7.8 earthquake mangled bridges and tunnels, twisted rail tracks and buried sections of the road under massive landslides. More>>


BPS HYEFU WYSIWYG: Labour's Budget Plans, Families Package

“Today we are announcing the full details of the Government’s Families Package. This is paid for by rejecting National’s tax cuts and instead targeting spending at those who need it most. It will lift 88,000 children out of poverty by 2021." More>>


Gordon Campbell: On Defence Spending, Alabama, And Dolly Parton

The spending lavished on Defence projects to meet the risks that could maybe, possibly, theoretically face New Zealand in future is breath-taking, given how successive governments have been reluctant to spend even a fraction of those amounts on the nation’s actual social needs. More>>


Members' Bills: End Of Life Choice Bill Passes First Reading

The End of Life Choice Bill in the name of David Seymour has been sent to a select committee for consideration by 76 votes to 44. It is the third time Parliament has voted on the issue in recent decades and the first time such a Bill has made it over the first hurdle. More>>


State Sector: MPI Survives Defrag Of Portfolios

The Ministry for Primary Industries will not be split under the new government, but will instead serve as an overarching body for four portfolio-based entities focused on fisheries, forestry, biosecurity and food safety. More>>


Gordon Campbell: On Vulnerable Kids, RNZ Funding, And Poppy

The decision to remove the word ‘vulnerable’ from the Ministry for Vulnerable Children could well mark a whole shift in approach to the care of children in need... More>>





Featured InfoPages